Cycle To Work Scheme
Cycle to Work Savings Calculator
The scheme allows you to save up to 52% on your new bike purchase
With the scheme, your employer buys a new bike for you, and you repay the cost gradually through your salary. The amount is deducted from your gross wage (before taxes), which helps you save money. This deduction is spread over an agreed period, up to a maximum of 1 year.
For example, if you're a higher tax payer and choose a €1,000 bike, it would cost just €9.50 per week for a year.
Do most companies in Ireland offer the cycle-to-work scheme?
Yes, many companies in Ireland participate in the cycle-to-work scheme because it also saves them around 10%. Just ask your employer if they offer it—we’re confident they’ll say yes!
Step 1 - Find Your Ideal Bike
We will make your journey of choosing a new bike as simple and smooth as a Sunday morning ride. Before diving into the details here, hop over to our blog – three essential questions we always ask our customers when they're picking out their perfect bike.
And, of course, if you'd rather chat than read, just get in touch with our crew to discuss your options!
Step 2 - Secure Your Chosen Bike
Once you've found the perfect bike, we recommend reserving it to ensure it's secured while your employer processes the paperwork, which typically takes 1-3 weeks. To secure the bike, you have the option to pay a €50 security deposit. This deposit is fully refundable if you change your mind! Remember, the deposit is optional and can be paid online, in-store, or by phone.
Step 3 - We Will Prepare Your Bike
While your employer works on the payment process, we will get your bike ready for you in-store. You can also get accessories fitted to the bike if you need them. Remember, the Cycle To Work Scheme is available every 4 years, so make the most of it – pick all the necessary accessories!
Step 4 - Hit the Road!
Once full payment is received, you are welcome to collect your bike! Alternatively, you can also enjoy our nationwide bike delivery. We're here to make the Cycle to Work Scheme a breeze, contact our sales experts via WhatsApp or email.
Need some advice from our team?
We are available if you wish to book a call with our team of experts, we will talk you through the scheme and help you find the perfect bike! Book below:
FAQ's:
Cycle to Work Scheme Ireland 2026 – FAQs
The Cycle to Work Scheme in Ireland (2026) (also called the Bike to Work Scheme) lets eligible employees buy a bike and commuting accessories through their employer using tax-free salary deductions. This can reduce the real cost of a new bike by up to 52%.
How much can I claim on the Cycle to Work Scheme (2026)?
- Up to €1,250 for a standard bike
- Up to €1,500 for an electric bike (e-bike)
- Up to €3,000 for a cargo bike
You can use the Bike to Work Scheme once every four tax years.
How much can I save? (Cycle to Work examples)
Your saving depends on your tax band. Many customers save 30% to 52% compared to buying a bike normally.
Example 1 – Basic Tax Rate (income up to €44,000/year):
€1,000 bike usually costs about €700 after tax savings, which is around €13.46 per week over 52 weeks.
Example 2 – Higher Tax Rate (income above €44,000/year):
€1,000 bike usually costs about €480 after tax savings, which is around €9.23 per week over 52 weeks.
Note: If you do not pay PAYE tax, you will not benefit from the Cycle to Work Scheme.
Who is eligible for the Cycle to Work Scheme in Ireland?
You are usually eligible if:
- You are employed and receive a payslip
- You pay PAYE tax
- Your employer offers the Cycle to Work (Bike to Work) Scheme
Can self-employed people use the Bike to Work Scheme?
- Limited company directors on payroll: Yes
- Sole traders: No (no PAYE tax saving applies)
How often can I use Cycle to Work?
You can use the Cycle to Work Scheme once every four tax years. For example, if you used it in 2022, you can apply again in 2026 (you do not need to wait for the exact month).
How does Cycle to Work work at 360 Cycles?
- Choose your bike and commuting accessories
- Request a Cycle to Work quote from us
- Send the quote to your HR / Accounts department
- Your employer pays us directly (bank transfer/card) or issues a voucher
- Once received, we prepare your bike and you collect it
Do I need to pay anything upfront?
No. Your employer pays the full amount first, and then recovers it through salary deductions (weekly or monthly, depending on your payroll).
How long does approval take?
Usually a few days to two weeks, depending on your employer.
Can I reserve a bike while waiting for approval?
Yes. We can usually reserve a bike for a short time. We recommend reserving early if you want a specific model, as popular bikes can sell out.
What can I buy with the Cycle to Work Scheme?
- Standard bikes, electric bikes (e-bikes), and cargo bikes
- Helmet, lights, and lock
- Mudguards, racks, panniers, bags
- Rainwear and commuting clothing
- Pump, tools, puncture-resistant tyres, and commuting-related components
Can I add accessories later?
No. Everything must be included in the original quote approved by your employer. Items can be swapped if needed, but the total amount must remain the same.
What if my bike costs more than the scheme limit?
You can pay the difference yourself (cash or card). Example: a €1,300 bike can be purchased with €1,250 on the scheme plus a €50 top-up.
What happens if I change jobs?
If you leave your job before deductions are complete, you must repay any outstanding balance. Your employer will manage the final balance through payroll.
Which Cycle to Work providers do you accept?
We accept the main Cycle to Work providers, including:
- CycleScheme.ie
- TravelHub
- Tax Free Bicycles
The quickest option is employer payment by bank transfer or card.
Ready to start? Choose your bike online or visit our Dublin store, then contact us for a Cycle to Work quote. We’ll make the process quick, easy, and hassle-free.
